GE eyes German medium-sized acquisition by year-end

FRANKFURT (Reuters) - General Electric Co aims to buy a medium-sized business in Germany in the next six months to expand its technological footprint, German daily Sueddeutsche Zeitung reported, citing a manager at the U.S. conglomerate. "We hope to have managed a takeover by the end of the year," the paper cited Christoph Reimnitz, in charge of strategy and M&A in Germany and eastern Europe, as saying in an article published on Saturday. ...

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FRANKFURT (Reuters) - General Electric Co aims to buy a medium-sized business in Germany in the next six months to expand its technological footprint, German daily Sueddeutsche Zeitung reported, citing a manager at the U.S.

General Electric Co aims to buy a medium-sized business in Germany in the next six months to expand its technological footprint, German daily Sueddeutsche Zeitung reported, citing a manager at the U.S. ...

Washington (AFP) - Japanese automaker Nissan is dismissing speculation that it intends to scale back electric car battery production at its US plant in Tennessee.Nissan's ambitious electric vehicle program has been a signature initiative of Carlos Ghosn, the chief executive at both Renault and Nissan.

Italy's new economic minister expects 2012 GDP fall "little less" than 2 percent.
Italy's GDP is expected to shrink "a little less" than 2 percent, the country's new economy minister Vittorio Grilli said in a newspaper interview published on Sunday.
Grilli, who took over the economy portfolio from Prime Minister Mario Monti on Wednesday, made his comments in a long interview with the Corriere della Sera newspaper.